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The Broken Windows of Chelyabinsk
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The Broken Windows of Chelyabinsk

Early Friday morning a meteor screamed from the sky, creating a jagged contrail and exploding over a city in Russia’s Ural mountains. Several dashboard cameras captured the amazing descent, while handheld cams recorded the jarring boom that seemed to set off every car alarm in central Asia.The footage taught me three important facts:

02/17/2013
They Took Our Jobs!!!
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Issue Analysis

They Took Our Jobs!!!

“They took our jobs!!!”  This is the mantra that the creators of South Park have so endearingly given to middle class America.  However, despite their malicious intent, they may have stumbled across something.  Today, the Bureau of Labor Statistics released the new economic data for the month of June and the http://www.bloomberg.com/news/2011-07-08/u-s-payroll

07/08/2011
That Which is not Seen: The Hidden Evils of the Minimum Wage
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That Which is not Seen: The Hidden Evils of the Minimum Wage

“Between a good and a bad economist this constitutes the whole difference – the one takes account of the visible effect; the other takes account both of the effects which are seen and also those which it necessary to foresee.”~ C. Frederic Bastiat, 1801-1850

06/09/2011
Recent Tornadoes and the Broken Window Fallacy
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Recent Tornadoes and the Broken Window Fallacy

In the wake of the deadly tornadoes throughout the Midwest and Massachusetts, our hearts and thoughts are with those harmed by these terrible tragedies, which have cost hundreds of deaths and destroyed infrastructure, homes and businesses.

06/02/2011
Get Out of Obamacare Free!!!
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Issue Analysis

Get Out of Obamacare Free!!!

          Claude Frédéric Bastiat was a nineteenth century French political and economic philosopher who warned the people in his writings about the dangers of the abuse of law and the nature of government.  Bastiat states that the law should be established only to protect a citizen’s life, liberty, and property.  Furthermore he w

05/24/2011
Leviathan vs. Bunny
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Issue Analysis

Leviathan vs. Bunny

          Thomas Hobbes, a seventeenth century political philosopher, advocated in his famous work Leviathan that the fundamental role of government is to protect its citizens.  A fine goal to be certain but where does one draw the line for what is acceptable protection and what is unnecessary?  It has become more and more evident that the current systems in place unnecessarily restrict our liberties more than offer us any real protection.  The United States Department of Agriculture is just one example of one of those unnecessary

05/23/2011
Keynes the Destroyer
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Issue Analysis

Keynes the Destroyer

          Claude Frédéric Bastiat was a nineteenth century French political and economic philosopher.  In his famous work titled That Which is Seen and That Which is Unseen, Bastiat sets up the parable of the broken window.  The lesson of the parable is that the destruction of capital only hurts economic growth instead of he

05/19/2011
Bastiat’s Broken Window Fallacy
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Bastiat’s Broken Window Fallacy

Frederic Bastiat’s broken window fallacy explains why high taxes, subsidies, tariffs and “stimulus” programs have made our economy worse. Advocates of these government programs only focus on what can be visibly seen while ignoring the unintended consequences. The “stimulus” may create some public works jobs but it does so at the expense of taxpayers. These taxpayers would have spent their money on goods and services that they value which also creates jobs.

08/03/2010